By Joe Wallace

MicroStrategy $(MSTR.AU)$ and Palantir Technologies: The software company turned crypto-buying machine and the big-data company will join the Nasdaq-100 index next week, as part of the index's reconstitution. Shares of both companies rose in premarket trading, with MicroStrategy getting an additional boost from a renewed rally in bitcoin.

Super Micro Computer $(SMCI)$: The AI server company, whose stock tanked when its auditor resigned this fall, will drop out of the Nasdaq-100. Shares fell more than 10% before the bell.

Coinbase $(COIN)$ and Marathon Digital $(MARA)$: Other crypto-linked stocks also rose premarket, as did shares of online brokerage Robinhood Markets (HOOD).

Vivendi (FR:VIV): Shares of the entertainment company surged around one-third in Paris. Three companies Vivendi spun off started trading Monday: television studio Canal+ in London, advertising company Havas in Amsterdam and publisher Louis Hachette in Paris.

Berkshire Hills Bancorp (BHLB) and Brookline Bancorp $(BRKL)$: The Boston-based regional banks are in talks to merge, The Wall Street Journal reported.

Companies due to post earnings this week include memory-chip maker Micron Technology $(MU)$ on Wednesday and Fedex $(FDX)$ and Nike $(NKE)$ on Thursday.

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(END) Dow Jones Newswires

December 16, 2024 05:18 ET (10:18 GMT)

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